If a tenant damages an area of a room and you have wood flooring, you cannot just replace that one area, you'd need to replace the entire room to make it look right. 

Lovely color of wood on the floors, and some great opportunities to make updates.

Should I just clean shampoo the carpet or should I rip out the carpet entirely are replace it with vinyl flooring. 

He was about to start replacing the floors when we found out he was being evicted because the property is listed for sale as a residential property. 

The larger trailer will need some new flooring, a roof, some fascia, and painting.

I didn't add any value to the deal other than putting in hardwood floors in the living room and building a window seat while I lived there.

@Jason Appel Every strategy and market has it's own basement floor, so this number could vary wildy and widely depending on what you do, and where, but I would generically say $15k to $25k in starting funds gives you at least some optionality of opportunity.

My dad flew across the world to put new flooring in the house.

They went under my landscaping and concrete porch.

I've owned the house for few years and have spent a lot of time trying to design an addition to add value to the property, but the current floor plan is really not conducive to realizing a return on that investment (tiny living room, low ceiling basement, poorly placed basement stairs, etc.).